Vault-13

TELLURIAN INC NEW TELL

COM · Common Stock · CUSIP 87968A104 · ISIN US87968A1043

251 institutional holders +5 vs Q1 2024
230,465,852230.5m shares reported held*
$159.6mreported value*
40 new 65 added 69 reduced 38 sold out net sold ≈ $55.0m (-82.2m shares)

* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($769.7k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $0.69. Options: 10 managers hold calls ($2.4m notional), 9 hold puts ($2.6m).

Trends to Q2 2024

Institutional holders

Managers reporting a position, each quarter

0100200300Q3 22: 257Q4 22: 239Q1 23: 230Q2 23: 230Q3 23: 243Q4 23: 236Q1 24: 246Q2 24: 251251Q3 22Q1 23Q3 23Q1 24Q2 24
Numbers
QuarterHolders
Q3 2022257
Q4 2022239
Q1 2023230
Q2 2023230
Q3 2023243
Q4 2023236
Q1 2024246
Q2 2024251

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
2000200Q4 22: 103 bought or addedQ4 22: 121 cut or sold outQ4 22Q1 23: 106 bought or addedQ1 23: 113 cut or sold outQ2 23: 98 bought or addedQ2 23: 81 cut or sold outQ2 23Q3 23: 103 bought or addedQ3 23: 80 cut or sold outQ4 23: 109 bought or addedQ4 23: 88 cut or sold outQ4 23Q1 24: 128 bought or addedQ1 24: 75 cut or sold outQ2 24: 105 bought or addedQ2 24: 107 cut or sold outQ2 24
Numbers
QuarterBought or addedCut or sold out
Q4 2022103121
Q1 2023106113
Q2 20239881
Q3 202310380
Q4 202310988
Q1 202412875
Q2 2024105107

Calls vs puts

Options held, notional value, last 4 quarters. P/C = puts ÷ calls

CallsPuts
$0$2m$4m$6m$8mQ3 23 calls: $6.3mQ3 23 puts: $2.6mQ3 23P/C 0.42Q4 23 calls: $5.1mQ4 23 puts: $2.0mQ4 23P/C 0.39Q1 24 calls: $1.7mQ1 24 puts: $2.4mQ1 24P/C 1.39Q2 24 calls: $2.4mQ2 24 puts: $2.6mQ2 24P/C 1.08
Numbers
QuarterCallsPutsP/C
Q3 2023$6.3m$2.6m0.42
Q4 2023$5.1m$2.0m0.39
Q1 2024$1.7m$2.4m1.39
Q2 2024$2.4m$2.6m1.08

Biggest buyers

JANE STREET GROUP, LLC Added +14,070,555+14.1m
VANGUARD GROUP INC Added +12,358,152+12.4m
MILLENNIUM MANAGEMENT LLC Added +9,430,606+9.4m
Melqart Asset Management (UK) Ltd New +8,154,956+8.2m
BARCLAYS PLC Added +4,718,405+4.7m
HRT FINANCIAL LP New +2,381,396+2.4m
GSA CAPITAL PARTNERS LLP New +2,278,478+2.3m
GOLDMAN SACHS GROUP INC Added +1,222,452+1.2m
Centiva Capital, LP Added +1,155,233+1.2m
UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Added +1,092,096+1.1m

Biggest sellers

STATE STREET CORP Reduced -49,921,132-49.9m
BlackRock Inc. Reduced -24,691,362-24.7m
Encompass Capital Advisors LLC Sold out -14,994,834-15.0m
MORGAN STANLEY Reduced -13,538,298-13.5m
RENAISSANCE TECHNOLOGIES LLC Sold out -7,703,600-7.7m
GEODE CAPITAL MANAGEMENT, LLC Reduced -5,501,102-5.5m
Point72 Asset Management, L.P. Reduced -4,981,153-5.0m
FIRST TRUST ADVISORS LP Sold out -4,474,655-4.5m
Hudson Bay Capital Management LP Reduced -2,794,534-2.8m
CITIGROUP INC Reduced -2,439,677-2.4m

Biggest calls

SIMPLEX TRADING, LLC Reduced $536.0k774.6k shares
CITADEL ADVISORS LLC Added $421.0k607.8k shares
GROUP ONE TRADING LLC Added $393.9k568.7k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $393.0k569.6k shares
JANE STREET GROUP, LLC Added $363.3k524.6k shares
GTS SECURITIES LLC Added $147.1k212.2k shares
WOLVERINE TRADING, LLC Reduced $93.4k134.8k shares
HAP Trading, LLC Added $5.7k24.4k shares
SCHWARZ DYGOS WHEELER INVESTMENT ADVISORS LLC Unchanged $4.2k6.0k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Biggest puts

CITADEL ADVISORS LLC Added $790.1k1.1m shares
GROUP ONE TRADING LLC Added $670.9k968.6k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $653.5k947.1k shares
SIMPLEX TRADING, LLC Reduced $319.0k461.7k shares
GTS SECURITIES LLC Reduced $57.2k82.6k shares
JANE STREET GROUP, LLC Added $36.7k53.0k shares
WOLVERINE TRADING, LLC Reduced $21.0k30.3k shares
HAP Trading, LLC Added $4.9k15.9k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.

Holders, Q2 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 VANGUARD GROUP INC 0.00% of their portfolio Valley Forge, PA 49,739,08349.7m $34.4m $34.4m 0.00% Added +12.4m +12,358,152
2 BlackRock Inc. 0.00% of their portfolio New York, NY 20,968,83221.0m $14.5m $14.5m 0.00% Reduced -24.7m -24,691,362
3 Hudson Bay Capital Management LP 0.09% of their portfolio STAMFORD, CT 16,767,20416.8m $11.6m $11.6m 0.09% Reduced -2.8m -2,794,534
4 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 15,475,37615.5m $10.7m $10.7m 0.00% Reduced -49.9m -49,921,132
5 JANE STREET GROUP, LLC 0.01% of their portfolio NEW YORK, NY 14,957,76415.0m $10.4m $10.4m 0.01% Added +14.1m +14,070,555
6 MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio NEW YORK, NY 14,833,53714.8m $10.3m $10.3m 0.01% Added +9.4m +9,430,606
7 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 8,458,0048.5m $5.9m $5.9m 0.00% Reduced -5.5m -5,501,102
8 Melqart Asset Management (UK) Ltd 0.53% of their portfolio London, X0 8,154,9568.2m $5.6m $5.6m 0.53% New
9 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 7,512,5177.5m $5.2m $5.2m 0.00% Added +4.7m +4,718,405
10 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 5,406,7645.4m $3.7m $3.7m 0.00% Added +52.6k +52,566
11 PAULSON & CO. INC. 0.27% of their portfolio JERSEY CITY, NJ 5,340,6635.3m $3.7m $3.7m 0.27% Unchanged
12 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 4,810,3004.8m $3.3m $3.3m 0.00% Added +1.2m +1,222,452
13 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio SAN FRANCISCO, CA 4,768,1444.8m $3.3m $3.3m 0.00% Reduced -551.6k -551,645
14 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 4,052,7244.1m $2.8m $2.8m 0.00% Added +1.1m +1,075,977
15 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio NEW YORK, NY 3,698,0353.7m $2.6m $2.6m 0.00% Added +1.1m +1,092,096
16 Point72 Asset Management, L.P. 0.01% of their portfolio STAMFORD, CT 2,873,8372.9m $2.0m $2.0m 0.01% Reduced -5.0m -4,981,153
17 HRT FINANCIAL LP 0.01% of their portfolio NEW YORK, NY 2,381,3962.4m $1.6m $1.6m 0.01% New
18 GSA CAPITAL PARTNERS LLP 0.11% of their portfolio LONDON, X0 2,278,4782.3m $1.6m $1.6m 0.11% New
19 GROUP ONE TRADING LLC 0.04% of their portfolio CHICAGO, IL 2,029,6322.0m $1.4m $1.4m 0.04% Added +213.7k +213,721
20 SCHWARZ DYGOS WHEELER INVESTMENT ADVISORS LLC 0.37% of their portfolio MINNEAPOLIS, MN 1,927,7501.9m $1.3m $1.3m 0.37% Added +398.2k +398,250
21 ALPS ADVISORS INC 0.01% of their portfolio Denver, CO 1,739,3791.7m $1.2m $1.2m 0.01% Added +285.1k +285,076
22 Centiva Capital, LP 0.05% of their portfolio New York, NY 1,496,0001.5m $1.0m $1.0m 0.05% Added +1.2m +1,155,233
23 Foundations Investment Advisors, LLC 0.02% of their portfolio PHOENIX, AZ 1,439,1181.4m $996.7k $996.7k 0.02% Added +117.4k +117,400
24 X-Square Capital, LLC 0.45% of their portfolio GUAYNABO, PR 1,413,2221.4m $979.0k $979.0k 0.45% Reduced -10.0k -10,000
25 Swiss National Bank 0.00% of their portfolio ZURICH, V8 1,384,9001.4m $959.2k $959.2k 0.00% Added +58.5k +58,500
26 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 1,290,8581.3m $894.0k $894.0k 0.00% Added +802.0k +801,956
27 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 1,212,3061.2m $839.6k $839.6k 0.00% Reduced -13.5m -13,538,298
28 D. E. Shaw & Co., Inc. 0.00% of their portfolio New York, NY 1,013,6641.0m $702.1k $702.1k 0.00% Added +177.4k +177,374
29 TWO SIGMA INVESTMENTS, LP 0.00% of their portfolio NEW YORK, NY 942,330942.3k $652.7k $652.7k 0.00% Added +321.5k +321,479
30 NewEdge Advisors, LLC 0.00% of their portfolio NEW ORLEANS, LA 923,045923.0k $639.3k $639.3k 0.00% Added +57.9k +57,876
31 Point72 Asia (Singapore) Pte. Ltd. 0.13% of their portfolio SINGAPORE, U0 905,630905.6k $627.2k $627.2k 0.13% New
32 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 811,212811.2k $561.8k $561.8k 0.00% Reduced -215.6k -215,648
33 NATIXIS 0.00% of their portfolio PARIS, I0 793,936793.9k $549.9k $549.9k 0.00% New
34 Rafferty Asset Management, LLC 0.00% of their portfolio New York, NY 763,487763.5k $528.8k $528.8k 0.00% Reduced -2.4m -2,421,982
35 Paloma Partners Management Co 0.04% of their portfolio GREENWICH, CT 687,392687.4k $476.1k $476.1k 0.04% New
36 Legal & General Group Plc 0.00% of their portfolio London, X0 673,375673.4k $479.3k $479.3k 0.00% Reduced -46.9k -46,877
37 CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio WEST SACRAMENTO, CA 635,645635.6k $440.2k $440.2k 0.00% Reduced -27.1k -27,090
38 UBS Group AG 0.00% of their portfolio ZURICH, V8 631,948631.9k $437.9k $437.9k 0.00% Reduced -1.6m -1,578,383
39 HENNESSY ADVISORS INC 0.02% of their portfolio NOVATO, CA 625,190625.2k $433.0k $433.0k 0.02% Reduced -16.0k -16,000
40 Corient Private Wealth LP 0.00% of their portfolio MIAMI, FL 547,465547.5k $379.2k $379.2k 0.00% Added +50.0k +50,013
41 Widmann Financial Services, Inc. 0.30% of their portfolio BOWIE, MD 527,000527.0k $365.0k $365.0k 0.30% Added +424.0k +424,000
42 Brevan Howard Capital Management LP 0.02% of their portfolio ST. HELIER, Y9 526,029526.0k $364.3k $364.3k 0.02% New
43 Cetera Investment Advisers 0.00% of their portfolio SCHAUMBURG, IL 504,764504.8k $349.6k $349.6k 0.00% Added +14.0k +14,023
44 Long Focus Capital Management, LLC 0.04% of their portfolio SAN JUAN, PR 500,750500.8k $346.8k $346.8k 0.04% Unchanged
45 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 487,497487.5k $337.3k $337.3k 0.00% Reduced -1.9m -1,940,822
46 TWO SIGMA ADVISERS, LP 0.00% of their portfolio NEW YORK, NY 481,300481.3k $333.3k $333.3k 0.00% Reduced -86.0k -86,000
47 Y-Intercept (Hong Kong) Ltd 0.02% of their portfolio HONG KONG, K3 466,866466.9k $323.4k $323.4k 0.02% New
48 Laurion Capital Management LP 0.01% of their portfolio NEW YORK, NY 435,975436.0k $302.0k $302.0k 0.01% New
49 DRW Securities, LLC 0.02% of their portfolio CHICAGO, IL 433,142433.1k $300.2k $300.2k 0.02% New
50 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 411,062411.1k $284.7k $284.7k 0.00% Added +38.0k +38,047
51 PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio BALTIMORE, MD 401,100401.1k $277.0k $277.0k 0.00% Reduced -107.7k -107,668
52 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 368,470368.5k $255.2k $255.2k 0.00% Reduced -2.4m -2,439,677
53 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 366,020366.0k $254.0k $254.0k 0.00% Added +40.3k +40,281
54 Squarepoint Ops LLC 0.00% of their portfolio NEW YORK, NY 352,382352.4k $244.1k $244.1k 0.00% Reduced -208.8k -208,822
55 Balyasny Asset Management L.P. 0.00% of their portfolio Chicago, IL 344,835344.8k $238.8k $238.8k 0.00% Added +330.9k +330,854
56 MIRABELLA FINANCIAL SERVICES LLP 0.02% of their portfolio London, X0 337,882337.9k $234.0k $234.0k 0.02% New
57 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 329,310329.3k $227.4k $227.4k 0.00% Added +98.5k +98,546
58 MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.00% of their portfolio CAUSEWAY BAY, K3 296,114296.1k $205.1k $205.1k 0.00% First filing
59 Tidal Investments LLC 0.00% of their portfolio Milwaukee, WI 293,063293.1k $203.0k $203.0k 0.00% New
60 Kestra Advisory Services, LLC 0.00% of their portfolio AUSTIN, TX 288,760288.8k $200.0k $200.0k 0.00% Added +6.8k +6,800
61 Mount Lucas Management LP 0.06% of their portfolio Newtown, PA 243,000243.0k $168.3k $168.3k 0.06% Reduced -7.0k -7,000
62 PFG Investments, LLC 0.01% of their portfolio WOODBURY, NY 235,230235.2k $162.9k $162.9k 0.01% Added +138.9k +138,925
63 Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio FAIRFIELD, IA 230,982231.0k $160.0k $160.0k 0.00% Added +82.7k +82,695
64 XTX Topco Ltd 0.01% of their portfolio LONDON, X0 212,075212.1k $146.9k $146.9k 0.01% Added +86.7k +86,714
65 Cubist Systematic Strategies, LLC 0.00% of their portfolio STAMFORD, CT 205,672205.7k $142.4k $142.4k 0.00% Added +28.3k +28,301
66 ARIZONA STATE RETIREMENT SYSTEM 0.00% of their portfolio PHOENIX, AZ 197,131197.1k $136.5k $136.5k 0.00% Added +12.5k +12,516
67 JANUS HENDERSON GROUP PLC 0.00% of their portfolio LONDON, X0 190,905190.9k $137.4k $137.4k 0.00% Reduced -3.5k -3,474
68 Cedar Wealth Management, LLC 0.04% of their portfolio LA JOLLA, CA 185,178185.2k $128.3k $128.3k 0.04% Added +2.0k +2,000
69 Schonfeld Strategic Advisors LLC 0.00% of their portfolio NEW YORK, NY 160,500160.5k $111.2k $111.2k 0.00% New
70 Ground Swell Capital, LLC 0.10% of their portfolio FOLLY BEACH, SC 153,750153.8k $106.5k $106.5k 0.10% New
71 Moloney Securities Asset Management, LLC 0.02% of their portfolio MANCHESTER, MO 150,003150.0k $103.9k $103.9k 0.02% Unchanged
72 Catalyst Funds Management Pty Ltd 0.03% of their portfolio SYDNEY NSW, C3 150,000150.0k $103.9k $103.9k 0.03% New
73 DEUTSCHE BANK AG\ 0.00% of their portfolio FRANKFURT AM MAIN, 2M 138,630138.6k $95.7k $95.7k 0.00% Reduced -217.5k -217,484
74 Keeler Thomas Management LLC 0.03% of their portfolio Orem, UT 127,349127.3k $88.2k $88.2k 0.03% Unchanged
75 Tower Research Capital LLC (TRC) 0.00% of their portfolio NEW YORK, NY 114,241114.2k $79.2k $79.2k 0.00% Reduced -97.5k -97,521
76 Gotham Asset Management, LLC 0.00% of their portfolio NEW YORK, NY 106,364106.4k $73.7k $73.7k 0.00% New
77 VICTORY CAPITAL MANAGEMENT INC 0.00% of their portfolio San Antonio, TX 98,23698.2k $68.0k $68.0k 0.00% Added +5.3k +5,345
78 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 96,92996.9k $67.1k $67.1k 0.00% Reduced -1.7m -1,730,971
79 B. Riley Wealth Advisors, Inc. 0.00% of their portfolio MEMPHIS, TN 95,25095.2k $66.0k $66.0k 0.00% Reduced -7.0k -7,025
80 NEUBERGER BERMAN GROUP LLC 0.00% of their portfolio NEW YORK, NY 95,19395.2k $65.9k $65.9k 0.00% Added +76.0k +75,990
81 SIMPLEX TRADING, LLC 0.00% of their portfolio CHICAGO, IL 88,91088.9k $61.0k $61.0k 0.00% Reduced -25.8k -25,758
82 Raymond James Financial Services Advisors, Inc. 0.00% of their portfolio ST. PETERSBURG, FL 85,29485.3k $59.1k $59.1k 0.00% Reduced -3.8k -3,811
83 ProShare Advisors LLC 0.00% of their portfolio BETHESDA, MD 78,33278.3k $54.3k $54.3k 0.00% Reduced -26.7k -26,739
84 BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio PARIS, I0 78,10178.1k $54.1k $54.1k 0.00% Reduced -1.7m -1,707,842
85 RHUMBLINE ADVISERS 0.00% of their portfolio BOSTON, MA 76,10476.1k $52.7k $52.7k 0.00% Reduced -775.7k -775,700
86 Creative Planning 0.00% of their portfolio OVERLAND PARK, KS 73,20773.2k $50.7k $50.7k 0.00% Added +7.4k +7,355
87 ALGERT GLOBAL LLC 0.00% of their portfolio SAN FRANCISCO, CA 70,64570.6k $48.9k $48.9k 0.00% New
88 PUBLIC EMPLOYEES RETIREMENT ASSOCIATION OF COLORADO 0.00% of their portfolio DENVER, CO 70,33570.3k $49.0k $49.0k 0.00% Unchanged
89 HARVEY CAPITAL MANAGEMENT INC 0.01% of their portfolio PALM BEACH, FL 70,00070.0k $48.5k $48.5k 0.01% Unchanged
90 STATE OF WISCONSIN INVESTMENT BOARD 0.00% of their portfolio MADISON, WI 66,11966.1k $45.8k $45.8k 0.00% Added +12.1k +12,088
91 HSBC HOLDINGS PLC 0.00% of their portfolio LONDON, X0 66,07466.1k $49.6k $49.6k 0.00% Added +1.1k +1,077
92 CANADA LIFE ASSURANCE Co 0.00% of their portfolio WINNIPEG, A2 65,39265.4k $47.0k $47.0k 0.00% Unchanged
93 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 64,14064.1k $44.0k $44.0k 0.00% Added +29.6k +29,617
94 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 63,81963.8k $44.2k $44.2k 0.00% Reduced -253.5k -253,456
95 Private Advisor Group, LLC 0.00% of their portfolio MORRISTOWN, NJ 61,77961.8k $42.8k $42.8k 0.00% Reduced -22.3k -22,275
96 Vanguard Personalized Indexing Management, LLC 0.00% of their portfolio OAKLAND, CA 60,20460.2k $41.7k $41.7k 0.00% Added +28.2k +28,236
97 Zurcher Kantonalbank (Zurich Cantonalbank) 0.00% of their portfolio ZURICH, V8 59,66259.7k $42.6k $42.6k 0.00% Unchanged
98 AVANTAX ADVISORY SERVICES, INC. 0.00% of their portfolio DALLAS, TX 57,10057.1k $39.5k $39.5k 0.00% Added +23.0k +23,000
99 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 55,26655.3k $39.0k $39.0k 0.00% Reduced -3.6k -3,600
100 KESTRA PRIVATE WEALTH SERVICES, LLC 0.00% of their portfolio AUSTIN, TX 55,00055.0k $38.1k $38.1k 0.00% Added +7.0k +7,000